21st Century Stops Writing Homeowners
NU Online News Service, Jan. 7, 1:39 p.m. EST?Los Angeles-based 21st Century Insurance Group said it has ceded its homeowners policies and will cease writing the coverage in order to focus on its core auto business.
The company said it will no longer write homeowner and renter policies, and will refer customers to DirectNet, a Countrywide Credit Industries Inc. subsidiary. Terms of the arrangement were not announced.
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